_________::::___#497 - October 29, 2007________________
FRAUDBARON.com
The Anti-Fraud Professionals'
Source for Fraud News
#497 Updated: 10/28/07 10:18 p.m.

Ex-Nevada City mayor's wife arrested on embezzlement charges
The wife of a former Nevada City mayor was arrested Thursday afternoon on suspicion of
embezzling more than $100,000 from a homeowners association, where she was treasurer.
 Full story, theunion.com

Priest Admits Stealing From Parishes
Authorities said Rodis established bank accounts and a post office box, where he directed
parishioners to mail contributions. Then he transferred the checks to his personal account,
prosecutors said.   Full story, ap.google.com

Former Cardinal Ritter employee sentenced for bank fraud
Marie Allen had signing authority on the personal funds account so that she could withdraw
cash from the account to be placed in the petty cash box at the facilities and the residents
could have cash on hand if needed, according to a release.   Full story, bizjournals.com

Three Sentenced to Prison in Microsoft Fraud Case
The defendants used a program to improperly purchase and resell $29 million of discounted
software.  Full story, eweek.com

Atlanta lawyer sentenced to more than 8 years in prison for fraud
In April, a jury convicted Ware, finding he had duped investors in 2001 and 2002 by sending
phony press releases over the Internet that drove up the value of companies which had
offered Ware stock as compensation for consulting and financial advice he offered through
his law firm.   Full story, newsday.com

Ex-Tyco bosses ask NY court to overturn convictions
The defense lawyers argued that the trial testimony of David Boies, a lawyer hired by the
Tyco in 2002 to conduct an internal investigation, unfairly prejudiced the jurors against the
defendants. Full story, news.yahoo.com

Ruling May Cost Princeton Millions if Heirs Win Case
A New Jersey judge cleared the way for a trial that will decide whether the children of a
major donor to Princeton University can take back a gift now valued at $880 million and give
it to other charities. online.wsj.com

No Protection Against Massive-Fraud Charges
Ex-leaders of body-armor company DBH Industries committed seemingly almost every crime
in the book, DOJ and SEC charges suggest.   Full story, cfo.com

Attorney Charged In Embezzlement of Law Firm
A grand jury has returned an indictment of Anthony Galasso, 54, of West Babylon, in
connection with the embezzlement of more than $4.3 million dollars from his employer, a
Garden City law firm where his brother serves as partner and he works as a bookkeeper.  
Full story, northcountygazette.org

Former DHB Industries executives charged with fraud
Former CEO David Brooks and former COO Sandra Hatfield have been charged with
securities fraud, insider trading, tax evasion and other criminal offenses in a 21-count
indictment, the U.S. attorney's office in Brooklyn, N.Y., said.   Full story, bizjournals.com

PwC Study Looks at Global Fraud
Economic crime still prevails in the United States and other parts of the world, as 53 percent
of U.S. companies surveyed in a recent global economic crime study reported that they
were affected by some form of it in the past two years, with losses totaling $223 million.   
Full story, webcpa.com

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